UAE
News
February 07, 2018
The UAE, a model petro-state where crude exports feed a giant sovereign wealth fund, isn’t the most obvious customer for Texan oil.
News
January 22, 2018
Abu Dhabi’s government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25% of the Persian Gulf emirate’s crude.
News
January 18, 2018
Fugro has commenced a program of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).
News
January 15, 2018
Oil traded near the highest close in more than three years as Iraq echoed a call by the United Arab Emirates and other producers for OPEC-led output cuts to continue, despite recent price gains.
News
January 14, 2018
Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains.
News
January 09, 2018
The Abu Dhabi National Oil Company (ADNOC) has awarded the two Front End Engineering Design (FEED) contracts for ADNOC’s planned offshore ultra-sour gas mega project, which consists of Hail, Ghasha and Dalma fields.
News
January 03, 2018
To further promote the petrochemical, oil and gas sector of the Hamriyah Free Zone, the Hamriyah Free Zone Authority (HFZA) has signed a strategic partnership with Gulf Publishing Company (GPC), the world’s largest independent media company devoted exclusively to the global energy industry for more than 100 years.
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
News
May 11, 2017
Dana Gas PJSC profit nearly doubled in the first quarter as the United Arab Emirates-based natural gas producer boosted output.
News
May 11, 2017
Abu Dhabi National Energy Co. is considering boosting investments in existing oil and natural gas assets that may increase production from Canada to Iraq after posting its first quarterly profit since 2015. The shares climbed the most in five weeks.
News
May 02, 2017
OPEC and allied oil producers should extend their collective production cuts into the second half of the year when an expected upturn in demand will help to re-balance the crude market, United Arab Emirates Energy Minister Suhail Al Mazrouei said.
News
May 01, 2017
The United Arab Emirates is cutting back supplies to customers in June as part of its agreement with OPEC to curb production.
News
April 25, 2017
Abu Dhabi National Energy Co. had its credit rating cut one level to A- by Standard & Poor’s, which cited what it sees as increased risks to state support for the utility known as Taqa.
News
April 19, 2017
Abu Dhabi National Energy is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year.
News
April 12, 2017
Mubadala Development Co., the Abu Dhabi sovereign wealth fund merging with International Petroleum Investment Co., raised $1.5 billion through a dual-tranche bond after receiving almost four times that amount in bids, people familiar with the matter said.
News
April 03, 2017
Shares in Abu Dhabi National Energy Co. soared for a second day amid investor speculation the government will step in after the oil company known as Taqa reported a record $5.2-billion loss.
News
March 30, 2017
Mubadala Development Co., the Abu Dhabi sovereign wealth fund merging with International Petroleum Investment Co., said 2016 profit almost tripled following successful investments in “strategic sectors.”
News
March 30, 2017
Abu Dhabi National Energy Co reported its biggest loss on record as the state-controlled power and oil company wrote down the value of oil assets after prices slumped.
News
February 19, 2017
China National Petroleum Corp. bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6% of global crude reserves looks increasingly to Asia, its biggest market, for investment to raise output capacity.
News
February 06, 2017
Singapore is considering a range of measures to lure a listing from energy giant Saudi Arabian Oil Co., according to people familiar with the matter, as global exchanges compete for a slice of what could be the world’s largest-ever initial public offering.
News
February 03, 2017
Abu Dhabi’s state energy producer, which is seeking more partners to develop its fields, improved some terms in an oil-production partnership to offer greater returns to international companies, such as BP Plc and Total SA, according to people with knowledge of the matter.
